Astral Q1 PAT seen up 47.4% YoY to Rs. 110.7 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 22) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Astral to report net profit at Rs. 110.7 crore up 47.4% year-on-year (down 23.2% quarter-on-quarter).

Net Sales are expected to increase by 66.6 percent Y-o-Y (down 16.1 percent Q-o-Q) to Rs. 1,166.6 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 34.3 percent Y-o-Y (down 19.8 percent Q-o-Q) to Rs. 173.8 crore.

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